It works better where the object is convex and NOT enormous relative to the rope.
If the surface of the object near the knob of the hitch is almost flat, the slipped tail will not be squeezed adequately - so we will probably have to secure it even further, by passing it under the riding turns a second time, double-slip it, or by securing it further with a half hitch.
where the binder must be mid-air capable
Obviously this knot dos not work as a mid-air binder ! The slipped tail is secured = locked under the turns, squeezed in between them and the surface of the object. Without the active participation of the surface, we will need to entangle the tail to the standing part - If we will insist to retain the TIB character of the knot, which makes it suitable as a hitch "
to stakes and posts, piles and bollards " ( ABoK, Ch. 22) . Such an entanglement will make it much more complex, relatively what it is as it is, and much less attractive.
There is also another factor one must take into account : in order to be able to use the mechanical advantage offered by such a hitch, the rope itself should be able to slide on the surface of the hitched or bound object(s). If the surface of the rope and/or the object(s) is very rough, or if the turns ride on sharp corners along their path, we would not be able to tighten the knot as much as we would had wished.
P.S.
I have called the hitch shown in this thread "
Locked Cow hitch' - for obvious reasons. The first sentence of the title of the thread :
A "Snug hitch" where both ends are secured, should only be read as a relative clause. Ashley makes the useful distinction between the "
Snug hitches", "
in which the ends [tails]
are secured under the turns ", and the "
Loose hitches", in which the ends, after passing around another object, are made fast to their own standing parts ". I have called
"Tight hitches" those ( few, only ) "
Snug hitches" in which
both ends are secured - the tail
and the standing end. Such hitches can often serve as binders, too. To secure = lock both ends, we can pass each of them through loops around the object ( = riding turns ), or the through loops on the standing part ( = nipping loops ), or through the eye formed by opposing bights - as it happens in the case of the shown
Locked Cow hitch - or, for that matter, in the case of the
TackleClamp hitch shown at a previous post.